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US Stocks Close in the Red and Post Their Worst Session In Seven Weeks

Aug 15, 2018

US Markets End of Day Snapshot                                                                                                                                  Start Your Free Trial Today

  • US equity markets finsihed in negative territory today, failing to build on yesterday's positive momentum, as concerns regarding Turkey's firmer stance against the US roiled markets. Global tech stocks were rattled by Tencent Holding's earnings miss
  • The S&P 500 finished down 0.76%, Nasdaq Composite is down 1.23%, and Russell 2000 is down 1.29%
  • Utilities (+0.76%), Telecom (+0.69%), and Real Estate (+0.84%) stocks were the top performers in the S&P 500 today
  • Tech (-1.07%), Materials (-1.55%), and Energy (-3.51%) stocks were the worst performers in the S&P 500 today
  • Investor sentiment for US stocks finished negative with the advance/decline ratio for the S&P 500 closing at 0.51x
  • 56 stocks in the S&P 500 hit 4-week highs while 26 stocks reached 4-week lows
  • 22 stocks in the S&P 500 closed overbought while 17 stocks closed oversold according to the 16-day RSI Measure
  • 146 stocks in the Nasdaq Composite hit 4-week highs while 182 stocks reached 4-week lows
  • 277 stocks in the Nasdaq Composite closed overbought while 315 stocks closed oversold according to the 16-day RSI Measure
  • The VIX closed up 2.83 points today to 16.14 after closing at 13.31 yesterday

US Treasuries

  • US 2-Year Treasuries are higher with yields down 3.3 basis points to 2.604%
  • US 5-Year Treasuries are higher with yields down 3.9 basis points to 2.7329%
  • US 10-Year Treasuries are higher with yields down 3.8 basis points to 2.8605%
  • The US Treasury 2s-5s Spread has narrowed 0.6 basis points to 0.13%
  • The US Treasury 2s-10s Spread has narrowed 0.5 basis points to 0.26%
  • The US Treasury 5s-10s Spread has widened 0.1 basis points to 0.13%

Currencies

  • EUR€ is little changed 0.053% against the USD$ in after hours to 1.135
  • GBP£ is down 0.181% against the USD$ in after hours to 1.27
  • CHF is little changed 0.08% against the USD$ in after hours to 1.0066
  • JPY¥ is down 0.396% against the USD$ in after hours to 110.71

Commodities

  • Copper has entered into bear market territory, with prices down 4% to $5,801 per metric ton, down from highs of $7,332 per ton in June. Today marked the fourth secutive losing sessions for copper, and the red metal has now dropped to its lowest price level in more than a year
  • WTI Crude is down -3.03% to USD$65.01/bbl with the Brent-WTI spread up USD$0.97 to USD$4.89/bbl
  • Gold is down -1.51% to USD$1176.05/oz

Stocks Trending in the News

Click name for Q-Factor rating and financial data.

Briggs & Stratton (BGG) shares are trading 3.75% higher to $19.10 post-market after the company reported 4Q2018 EPS that was higher than expected ($0.47 vs $0.41)
Cisco Systems (CSCO) posted F4Q2018 EPS that was slightly higher than expected ($0.70 vs $0.69 projected). Cisco also provideda range of F1Q2019 revenue guidance that was higher than anticipated (+5% to +7% vs +3.7% forecasted). Shares of Cisco Systems have risen 2.87% to $45.12 post-market
NetApp Inc (NTAP) reported F1Q2019 EPS that beat the consensus ($1.04 vs $0.80 projected), but projected 2Q2019 EPS with a midpoint that matched estimates ($0.94 - $1.00 vs $1.04 projected). NetApp stock is down 0.12% to $82.42 after the close
SpartanNash Co (SPTN) released 2Q2018 EPS that missed projections ($0.50 vs $0.56 anticipated). SpartanNash Co stock fell 9.75% to $21.48 following today’s trading

Data in Price Return, Source: Stockdio

S&P 500 Sector ETFs - End of Day

Data in Price Return, Source: Stockdio

Russell 1000 Factor ETFs - End of Day

Data in Price Return, Source: Stockdio

S&P 500 Movers

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Outperformers Sector Price 1D% CHG Volume
Chipotle Mexican Grill Inc Consumer Discretionary 523 6.60%          141,599.00
Kimberly-Clark Corp Consumer Staples 115 4.80%          409,135.00
Boston Scientific Corp Health Care 34.9 3.53%      1,288,355.00
Progressive Corp/The Financials 64.1 2.84%          712,438.00
Host Hotels & Resorts Inc Real Estate 20.8 2.46%      1,768,986.00
Underperformers Sector Price 1D% CHG Volume
Macy's Inc Consumer Discretionary 35.8 -15.95%      3,300,845.00
Freeport-McMoRan Inc Materials 13.5 -7.70%      3,294,689.00
Marathon Oil Corp Energy 19 -7.09%      3,396,784.00
Anadarko Petroleum Corp Energy 62.3 -6.93%      1,649,574.00
Newmont Mining Corp Materials 31.8 -6.31%      2,551,162.00